TSXV:RYU.H - Post by User
Post by
WHOAstockson Nov 08, 2019 1:12pm
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Post# 30328368
RYU is earning profits
RYU is earning profits The stock is definitely not responding the way we would like it to but RYU is making profits. RYU Apparel reported 31% higher revenues at $1.5 million for the three months ended June 30, 2019. For the first half of 2019, the company reported 32% higher revenues at $2.7 million compared to the same period the year before. Notably, the company was able to maintain growth in sales year-to-date while the gross profit margin for the quarter ended June 30 clocked 49%.